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GFD Blog

Sears: The Amazon of the Twentieth Century

Sears Holding Co. filed for protection under Chapter 11 bankruptcy on October 15, 2018 to avoid a $134 million debt payment.  Thus, an American icon which issued its first catalog in 1887 and opened its first store in 1925 came to an end.  Between 1906 when the company had the largest retail IPO in the United States up until that time and 1972 when the stock peaked, Sears’ stock market capitalization increased over 1200-fold from $15 million in 1906 to $18 billion in 1972. The stock price rose 2000-fold providing a 12% annual return between 1908 and 1972.  After reinves ...

Moore Whiskey Dividends

Although most dividends are paid in cash, companies are free to provide their shareholders with any type of dividend they want, including shares of stock or dividends in kind.  Although the people on Wall Street often behave like they are a bunch of drunks, that doesn’t mean they are drinking, or that the companies they have ownership in are giving away free liquor, but we have found three cases where that did happen.  Two of these, by National Distillers Product Corp. and Park and Tilford, have been covered in other blogs.

Whiskey Dividends

On October ...

Communications or Telecommunications?

S&P Global and MSCI are making some major changes in the GICS sectors which will be enacted at the end of September.  Under the old GICS, Telecommunications was one of the 11 GICS sectors which included primarily telephone companies.  S&P Global and MSCI are changing the Telecommunications Sector to the Communications sector which includes not only Telecommunication Services, but Media and Entertainment stocks, which includes Advertising, Broadcasting, Cable & Satellite, Publishing, Movies and Entertainment, Interactive Home Entertainment and Interactive Media Services ...

Global Financial Data Adds Thousands of Series on Tariffs

With Jack Ma predicting that the trade wars between the United States and China could go on for another 20 years, Global Financial Data has added data on tariffs so our customers can analyze tariffs between countries and over time.  With Donald Trump using tariffs as his primary weapon in his global trade wars, it is important to understand what tariff rates are throughout the world.


GFD has collected data from the World Bank covering over 2800 series on tariffs from every country in the world.  The data include tariff rates for primary products, manufactured pro ...